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re: What purchases per month do you put on your credit card?

Posted on 5/25/18 at 11:55 am to
Posted by Moots
Gonzales, LA
Member since Nov 2007
978 posts
Posted on 5/25/18 at 11:55 am to
quote:

I'm thinking about using my credit card for everything and just paying it off at the end of every month to take advantage of getting cash back.


This is exactly what I've done for more years than I can remember and it works great! As mentioned, you just have to be disciplined enough not to get yourself in a bind.

I see Mint has been suggested, I've used it before but personally not a fan. I use YNAB and couldn't be happier. It's basically zero-based budgeting (envelope budgeting) but the way YNAB treats Credit cards is tailor-made for what you want to do. Upon every purchase it moves money from the appropriate category to your Credit card, assuring that money will be available when the CC bill arrives at the end of the month.

It's a subscription service, but the money you will save using the App will far exceed the cost of it. I highly recommend it to anyone wanting a clearer picture of exactly where their money is going.
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